{"entity_type":"fund","name":"VANGUARD GLOBAL CAPITAL CYCLES FUND","identifiers":{"lei":"T1RIKLEFYZ1D5JKR6R03","cik":"734383","fund_id":"S000002923","fundkey":"vanguard-global-capital-cycles-fund"},"dates":{"reporting_period_start":"2026-01-31","reporting_period_end":"2026-01-31","filing_date":"2026-03-31"},"summary":{"total_positions":100,"total_value_usd":3814778312.78,"asset_categories":["STIV","EP","EC"],"by_asset_category":{"EC":{"positions":98,"total_value_usd":3792239106.66},"STIV":{"positions":1,"total_value_usd":11039707},"EP":{"positions":1,"total_value_usd":11499499.12}}},"holdings":[{"issuer_name":"Barrick Mining Corp","title":"BARRICK MINING C","isin":"CA06849F1080","value_usd":212630764.53,"pct_val":5.995916480488,"balance":4643607,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Anglo American PLC","title":"ANGLO AMER PLC","isin":"GB00BTK05J60","value_usd":150013233.05,"pct_val":4.230181922752,"balance":3235288,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Barrick Gold Corp","title":"BARRICK GOLD CRP","isin":"CA0679011084","value_usd":128267034.56,"pct_val":7.982446032228,"balance":6736714,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Samsung Electronics Co Ltd","title":"SAMSUNG ELECTRON","isin":"KR7005930003","value_usd":124868759.23,"pct_val":3.52113981728,"balance":1130292,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"KR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Teck Resources Ltd","title":"TECK RESOURCES-B","isin":"CA8787422044","value_usd":106765336.82,"pct_val":3.010646385055,"balance":1989286,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Molina Healthcare Inc","title":"MOLINA HEALTHCAR","isin":"US60855R1005","value_usd":101104500.66,"pct_val":2.851018022245,"balance":562974,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SK Telecom Co Ltd","title":"SK TELECOM","isin":"KR7017670001","value_usd":99879726.38,"pct_val":2.816480948992,"balance":1981899,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"KR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Glencore PLC","title":"GLENCORE PLC","isin":"JE00B4T3BW64","value_usd":92435840.51,"pct_val":2.606572857539,"balance":13558898,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Rio Tinto PLC","title":"RIO TINTO-ADR","isin":"US7672041008","value_usd":82663796.82,"pct_val":2.331013683689,"balance":908094,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"GSK PLC","title":"GSK PLC","isin":"GB00BN7SWP63","value_usd":81500667.36,"pct_val":2.29821491577,"balance":3151409,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Taiwan Semiconductor Manufacturing Co Ltd","title":"TAIWAN SEMIC-ADR","isin":"US8740391003","value_usd":78743028.16,"pct_val":2.220453005997,"balance":238211,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Prudential PLC","title":"PRUDENTIAL PLC","isin":"GB0007099541","value_usd":78610375.8,"pct_val":2.216712378561,"balance":4785948,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Nutrien Ltd","title":"NUTRIEN LTD","isin":"CA67077M1086","value_usd":74589200.81,"pct_val":2.103320370369,"balance":1082729,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Heineken NV","title":"HEINEKEN NV","isin":"NL0000009165","value_usd":73053150.54,"pct_val":2.060005711038,"balance":884960,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Banco Bradesco SA","title":"BRADESCO-ADR","isin":"US0594603039","value_usd":71895583.8,"pct_val":2.027363804732,"balance":17751996,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Societe Generale SA","title":"SOC GENERALE SA","isin":"FR0000130809","value_usd":66255359.82,"pct_val":1.868316679119,"balance":756085,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Anglo American PLC","title":"ANGLO AMER PLC","isin":"GB00B1XZS820","value_usd":61333542.72,"pct_val":3.816972119198,"balance":2246784,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Valterra Platinum Ltd","title":"VALTERRA PLATINU","isin":"ZAE000013181","value_usd":59654052.84,"pct_val":1.682168238175,"balance":663943,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ZA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Baidu Inc","title":"BIDU-SW","isin":"KYG070341048","value_usd":57750338.54,"pct_val":1.628485921927,"balance":3012921,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"HK","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"British American Tobacco PLC","title":"BRIT AMER TOBACC","isin":"GB0002875804","value_usd":57211861.97,"pct_val":1.613301569147,"balance":947003,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Wells Fargo & Co","title":"WELLS FARGO & CO","isin":"US9497461015","value_usd":55125965.06,"pct_val":1.554481935559,"balance":609194,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Foran Mining Corp","title":"FORAN MINING CRP","isin":"CA3449112018","value_usd":54276128.57,"pct_val":1.530517629983,"balance":11214733,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Westlake Corp","title":"WESTLAKE CORP","isin":"US9604131022","value_usd":51855450,"pct_val":1.46225758039,"balance":653750,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Unilever PLC","title":"UNILEVER PLC","isin":"GB00BVZK7T90","value_usd":51781279.98,"pct_val":1.460166080384,"balance":761160,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lojas Renner SA","title":"LOJAS RENNER SA","isin":"BRLRENACNOR1","value_usd":50705664.45,"pct_val":1.429835093721,"balance":17873492,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Unilever PLC","title":"UNILEVER PLC","isin":"GB00B10RZP78","value_usd":49862076.17,"pct_val":2.018019755459,"balance":830974,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Intel Corp","title":"INTEL CORP","isin":"US4581401001","value_usd":49310664.63,"pct_val":1.390497877258,"balance":1061129,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Ambev SA","title":"AMBEV SA","isin":"BRABEVACNOR1","value_usd":48450721.33,"pct_val":1.366248572525,"balance":17170642,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Haleon PLC","title":"HALEON PLC","isin":"GB00BMX86B70","value_usd":47864480.13,"pct_val":1.349717318074,"balance":9152077,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Novartis AG","title":"NOVARTIS AG-REG","isin":"CH0012005267","value_usd":42619338.97,"pct_val":2.652330541703,"balance":373666,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CH","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Rio Tinto PLC","title":"RIO TINTO PLC","isin":"GB0007188757","value_usd":40523919.38,"pct_val":1.142722863277,"balance":444174,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pfizer Inc","title":"PFIZER INC","isin":"US7170811035","value_usd":40094938,"pct_val":1.130626135261,"balance":1516450,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"JD.com Inc","title":"JD-SW","isin":"KYG8208B1014","value_usd":39788542.68,"pct_val":1.121986177856,"balance":2790095,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"HK","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Engie SA","title":"ENGIE","isin":"FR0010208488","value_usd":39149285.28,"pct_val":1.103959934154,"balance":1311251,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Merck & Co Inc","title":"MERCK & CO","isin":"US58933Y1055","value_usd":39062596.15,"pct_val":1.101515411206,"balance":354245,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Centene Corp","title":"CENTENE CORP","isin":"US15135B1017","value_usd":38300598.24,"pct_val":1.080028041602,"balance":884132,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Diamondback Energy Inc","title":"DIAMONDBACK ENER","isin":"US25278X1090","value_usd":37423882.8,"pct_val":1.055305783903,"balance":228264,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cemex SAB de CV","title":"CEMEX SAB-SP ADR","isin":"US1512908898","value_usd":37225780.8,"pct_val":1.04971956006,"balance":2982835,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Archer-Daniels-Midland Co","title":"ARCHER-DANIELS","isin":"US0394831020","value_usd":35989041.56,"pct_val":1.014845090189,"balance":534676,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Derwent London PLC","title":"DERWENT LONDON","isin":"GB0002652740","value_usd":34818659.89,"pct_val":0.981841819195,"balance":1314574,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Tate & Lyle PLC","title":"TATE & LYLE","isin":"GB00BP92CJ43","value_usd":33704568.61,"pct_val":0.950425865434,"balance":6514650,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Swatch Group AG/The","title":"SWATCH GROUP-BR","isin":"CH0012255151","value_usd":33328777.96,"pct_val":0.939829048193,"balance":141261,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CH","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hammerson PLC","title":"HAMMERSON PLC","isin":"GB00BRJQ8J25","value_usd":32266268.15,"pct_val":0.909867626126,"balance":6645069,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Lundin Mining Corp","title":"LUNDIN MINING CO","isin":"CA5503721063","value_usd":31934841.7,"pct_val":0.900521822766,"balance":1265912,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Serco Group PLC","title":"SERCO GROUP","isin":"GB0007973794","value_usd":31844287.32,"pct_val":0.897968304696,"balance":7755674,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Viper Energy Inc","title":"VIPER ENERGY I-A","isin":"US64361Q1013","value_usd":31838155.76,"pct_val":0.897795402521,"balance":751964,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"America Movil SAB de CV","title":"AMERICA MOVIL-B","isin":"MX01AM050019","value_usd":31704063.65,"pct_val":0.894014175971,"balance":30764032,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MX","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sanofi SA","title":"SANOFI","isin":"FR0000120578","value_usd":30665211.72,"pct_val":0.864719875959,"balance":325106,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Royal Gold Inc","title":"ROYAL GOLD INC","isin":"US7802871084","value_usd":30486821.73,"pct_val":0.859689505668,"balance":115783,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ASMPT Ltd","title":"ASMPT LTD","isin":"KYG0535Q1331","value_usd":29877100.2,"pct_val":0.842496135845,"balance":2240337,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"HK","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Hikma Pharmaceuticals PLC","title":"HIKMA PHARMACEUT","isin":"GB00B0LCW083","value_usd":26852100.95,"pct_val":0.757195013514,"balance":1280112,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"First Solar Inc","title":"FIRST SOLAR INC","isin":"US3364331070","value_usd":25678158.24,"pct_val":0.724091325731,"balance":113862,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BHP Group Ltd","title":"BHP GROUP LTD","isin":"AU000000BHP4","value_usd":25225036.66,"pct_val":0.711313874852,"balance":732384,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Babcock International Group PLC","title":"BABCOCK INTL GRP","isin":"GB0009697037","value_usd":24840955.34,"pct_val":1.340284285202,"balance":1811842,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Alibaba Group Holding Ltd","title":"BABA-W","isin":"KYG017191142","value_usd":24293861.69,"pct_val":0.685055927836,"balance":1141973,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"HK","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Bellevue Gold Ltd","title":"BELLEVUE GOLD LT","isin":"AU0000019374","value_usd":23183932.2,"pct_val":0.653757331248,"balance":19770189,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"American Electric Power Co Inc","title":"AMERICAN ELECTRI","isin":"US0255371017","value_usd":22981109.48,"pct_val":0.648037989119,"balance":191869,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Fresnillo PLC","title":"FRESNILLO PLC","isin":"GB00B2QPKJ12","value_usd":22713524.55,"pct_val":1.225499567116,"balance":1231841,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Marvell Technology Inc","title":"MARVELL TECHNOLO","isin":"US5738741041","value_usd":21862792.72,"pct_val":0.884831740019,"balance":233228,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Shell PLC","title":"SHELL PLC","isin":"GB00BP6MXD84","value_usd":21114170.02,"pct_val":0.595392676476,"balance":549283,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Brenntag SE","title":"BRENNTAG SE","isin":"DE000A1DAHH0","value_usd":19935964.84,"pct_val":0.562168792473,"balance":327680,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Abaxx Technologies Inc","title":"ABAXX TECHNOLOGIES INC","isin":"CA00258V3083","value_usd":19578080.56,"pct_val":0.552076912038,"balance":637763,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Antero Resources Corp","title":"ANTERO RESOURCES","isin":"US03674X1063","value_usd":19518833.38,"pct_val":0.550406217095,"balance":536674,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Freeport-McMoRan Inc","title":"FREEPORT-MCMORAN","isin":"US35671D8570","value_usd":17719666,"pct_val":0.499671990706,"balance":294200,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Shoals Technologies Group Inc","title":"SHOALS TECHNOL-A","isin":"US82489W1071","value_usd":16800182.63,"pct_val":0.906447455797,"balance":3116917,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Natura Cosmeticos SA","title":"NATURA","isin":"BRNATUACNOR6","value_usd":16621990.85,"pct_val":0.468718950883,"balance":9974616,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Sandstorm Gold Ltd","title":"SANDSTORM GOLD","isin":"CA80013R2063","value_usd":16435421.88,"pct_val":0.886766928442,"balance":1755815,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SUMCO Corp","title":"SUMCO CORP","isin":"JP3322930003","value_usd":16204370.51,"pct_val":0.456942589712,"balance":1552140,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Domino's Pizza Group PLC","title":"DOMINO'S PIZZA G","isin":"GB00BYN59130","value_usd":16152527.75,"pct_val":0.455480689973,"balance":6473380,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Esentia Energy Development SAB de CV","title":"ESENTIA ENERGY D","isin":"MX01ES050019","value_usd":15967884.4,"pct_val":0.450273982902,"balance":5636331,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MX","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Adecco Group AG","title":"ADECCO GROUP AG","isin":"CH0012138605","value_usd":15962219.75,"pct_val":0.450114246994,"balance":543184,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CH","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Agnico Eagle Mines Ltd","title":"AGNICO EAGLE MIN","isin":"CA0084741085","value_usd":15954144.4,"pct_val":0.860799785294,"balance":128290,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Voya Financial Inc","title":"VOYA FINANCIAL I","isin":"US9290891004","value_usd":15678273.22,"pct_val":0.442107316846,"balance":204517,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Expand Energy Corp","title":"EXPAND ENERGY CO","isin":"US1651677353","value_usd":15378699.69,"pct_val":0.433659725221,"balance":136809,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Panasonic Holdings Corp","title":"PANASONIC HOLDIN","isin":"JP3866800000","value_usd":15042434.45,"pct_val":0.936136253577,"balance":1311920,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Zalando SE","title":"ZALANDO SE","isin":"DE000ZAL1111","value_usd":14100550.53,"pct_val":0.397617548399,"balance":490362,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Viper Energy Inc","title":"VIPER ENERGY INC","isin":"US9279591062","value_usd":13999427.12,"pct_val":0.755333758865,"balance":371732,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Nextpower Inc","title":"NEXTPOWER INC-A","isin":"US65290E1010","value_usd":13799759.04,"pct_val":0.389135611855,"balance":117856,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mitsubishi Estate Co Ltd","title":"MITSUBISHI ESTAT","isin":"JP3899600005","value_usd":13416811.23,"pct_val":0.378336971827,"balance":526440,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Pagegroup PLC","title":"PAGEGROUP PLC","isin":"GB0030232317","value_usd":13309032.86,"pct_val":0.375297759197,"balance":4709971,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"BHP Group Ltd","title":"BHP GROUP-ADR","isin":"US0886061086","value_usd":13214854.56,"pct_val":0.372642051204,"balance":192272,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Hays PLC","title":"HAYS PLC","isin":"GB0004161021","value_usd":12826547.32,"pct_val":0.361692282082,"balance":19724846,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Universal Health Services Inc","title":"UNIVERSAL HLTH-B","isin":"US9139031002","value_usd":12245664.7,"pct_val":0.345312132755,"balance":60845,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Travis Perkins PLC","title":"TRAVIS PERKINS","isin":"GB00BK9RKT01","value_usd":12145320.06,"pct_val":0.342482541835,"balance":1418842,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"APERAM SA","title":"APERAM","isin":"LU0569974404","value_usd":12001842.99,"pct_val":0.338436671377,"balance":278928,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"NL","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CVS Health Corp","title":"CVS HEALTH CORP","isin":"US1266501006","value_usd":11915151.84,"pct_val":0.335992091468,"balance":159892,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Raizen SA","title":"RAIZEN SA - PN","isin":"BRRAIZACNPR6","value_usd":11499499.12,"pct_val":0.324271214672,"balance":58756300,"units":"NS","currency":null,"asset_cat":"EP","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Reckitt Benckiser Group PLC","title":"RECKITT BENCKISE","isin":"GB00BSZBP530","value_usd":11333836.98,"pct_val":0.319599753524,"balance":135850,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"UNITE Group PLC/The","title":"UNITE GROUP/THE","isin":"GB0006928617","value_usd":11191821.11,"pct_val":0.315595087044,"balance":1439021,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Boliden AB","title":"BOLIDEN AB","isin":"SE0020050417","value_usd":11124143.68,"pct_val":0.692289151963,"balance":363059,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Vanguard Cmt Funds-Vanguard Market Liquidity Fund","title":"Vanguard Market Liquidity Fund","isin":null,"value_usd":11039707,"pct_val":0.311305663069,"balance":110397.07,"units":"NS","currency":"USD","asset_cat":"STIV","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Reckitt Benckiser Group PLC","title":"RECKITT BENCKISE","isin":"GB00B24CGK77","value_usd":10083632.14,"pct_val":0.408105125745,"balance":131831,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Fluor Corp","title":"FLUOR CORP","isin":"US3434121022","value_usd":9487426,"pct_val":0.267533317845,"balance":205400,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Rheinmetall AG","title":"RHEINMETALL AG","isin":"DE0007030009","value_usd":9313995.05,"pct_val":0.579638120473,"balance":5469,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Bank Negara Indonesia Persero Tbk PT","title":"BANK NEGARA INDO","isin":"ID1000096605","value_usd":8905353.52,"pct_val":0.251119615983,"balance":33178781,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ID","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Intact Financial Corp","title":"INTACT FINANCIAL","isin":"CA45823T1066","value_usd":8896649.03,"pct_val":0.250874160463,"balance":48865,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Hensoldt AG","title":"HENSOLDT AG","isin":"DE000HAG0005","value_usd":5636628.99,"pct_val":0.35078449323,"balance":72760,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Arkema SA","title":"ARKEMA","isin":"FR0010313833","value_usd":3732324.99,"pct_val":0.105246806441,"balance":61976,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"LunR Royalties Corp","title":"LUNR ROYALTIES C","isin":"CA5504281067","value_usd":3716104.73,"pct_val":0.104789415788,"balance":281113,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Magnum Ice Cream Co NV/The","title":"MAGNUM ICE CREAM","isin":"NL0015002MS2","value_usd":3040626.24,"pct_val":0.085741783526,"balance":171261,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=734383&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/vanguard-global-capital-cycles-fund.json","page":"https://dealcharts.org/capitalmarkets/funds/vanguard-global-capital-cycles-fund/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: VANGUARD GLOBAL CAPITAL CYCLES FUND | LEI: T1RIKLEFYZ1D5JKR6R03 | 100 positions totaling $3,814,778,313 across STIV, EP, EC | Filing: Mon Mar 30 2026 20:00:00 GMT-0400 (Eastern Daylight Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-03-31"}